The New Year is here and if you are an office tenant your escalation invoice is probably on the way soon. According to the lease, most office tenants are responsible to pay their proportionate share of increases in Real Estate Taxes and Operating Expenses above the Base Year (usually the first calendar year of the lease term). This seems all well and good. The invoice, when…
ContinueAdded by Lawrence Dickstein on January 7, 2016 at 12:56pm — No Comments